Investments & Savings
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US open: Stocks head south following S&P 500’s best session since June
Wall Street stocks were in the red early on Tuesday following the S&P 500’s best session since June 2020. As of 1530…
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FTSE 100 movers: Admiral rallies ahead of results; JD Sports retreats
London’s FTSE 100 was up 0.8% at 6,644.18 in afternoon trade on Tuesday. Pershing Square was the top performer, closely followed by…
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Berenberg raises target price on Spectris
Analysts at Berenberg raised their target price on instrumentation firm Spectris from 3,460.0p to 3,505.0p on Tuesday, stating the group’s turnaround efforts…
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Canaccord downgrades Provident Financial to ‘sell’
Canaccord Genuity cut its stance on shares of doorstep lender Provident Financial on Tuesday to ‘sell’ from ‘speculative buy’ and reduced its…
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Renalytix AI losses widen as it progresses development programme
Artificial intelligence (AI) diagnostics company Renalytix AI recorded $0.4m (£0.29m) of pharmaceutical services revenue in its first half, it announced on Tuesday.…
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Europe midday: Shares turn positive as eurozone inflation holds steady
European shares pushed ahead at midday after a cautious start to Tuesday’s session as inflation in the eurozone held steady in February.…
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London midday: Stocks extend gains despite Chinese official’s ‘bubble’ warning
London stocks had extended gains by midday on Tuesday despite a Chinese official warning that foreign markets are in a bubble, as…
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UK grocery sales surge as lockdown shutters hospitality sector
Grocery sales surged over the last month, industry data showed on Tuesday, as the lockdown continued to curtail spending in cafes, pubs…
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Foxtons buys Douglas & Gordon for £14.3m
Estate agency chain Foxtons said on Tuesday that it has bought Douglas & Gordon for £14.25m in cash. Foxtons said the deal…
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Flutter sees strong start to 2021 in US as FY profits fall
Gambling group Flutter Entertainment reported a sharp fall in full-year profits but had started the new year with strong momentum and higher…
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